The 34% stake should be subject to approval of full financing...

First 240 Last

Share
Profile

Follow
BigDaniel

3,870 Posts.

3205

11/09/19

19:39

Post #: 40387664
Share

Originally posted by merlin ↑

Thank you for your valued opinion stevenjd., If my opinion of the situation is correct ..........Jinan will drive the price down and down and then make a revised proposal for the desperate board and shareholders to accept. IMO it was stupid to accept the first offer..... they dont care less for their own people and certainly dont give a hoot about us, the investors . It is no doubt just another irritation like the TIANANMEN SQUARE protest to them .
Unless we say NO , they will play their destructive games such as delaying finance negotiations etc etc. until they buy up our shares for far less than the current pathetic price .

By saying NO NO NO . stick your disgusting offer and the next few lower offers.!!.....
"we will not go quietly into the night" (sound familiar) . we will survive as prosperous shareholders .... the rogues , indifferent directors and self serving chinese companies can stick their share manipulations up their sweet and sour pork belly.
!!!!Do you really believe that the dragon will accept owning less than 100% ?
Once the chinese deal gets over the line , Peter will be replaced by an even more subservient board member.
P.C. s tenure at TON will be added to his next resume citing the chinese "buyout" as a great success.
IMO the only result that will provide long term shareholders with a good result is to say NO to any chinese involvement and the board to enter meaningful negotiations with other reputable companies. Do not give up your shares for a pittance ....... A fool and his money are soon parted Merlin

Expand

The 34% stake should be subject to approval of full financing package but wishful thinking..

Have you asked Peter or David about your theoretical scenario?

I'd like to hear their thoughts.

It's still important to remember Merlin..They need 90% for forced sale..34% is a long way off.

Top 20 are not going to give it away regardless of pressure tactics.

TON Price at posting: 3.6¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply